- Photomath, a San Mateo, CA-based provider of a math learning app with over 220 million downloads, secured $23m in Series B funding
- The round was led by Menlo Ventures, with participation from GSV Ventures, Learn Capital, Cherubic Ventures and Goodwater Capital
- The company also intends to use the funds to grow the headcount, invest in AI and machine learning capabilities, and scale product and marketing development
- Led by Damir Sabol, CEO and founder, Photomath is free and acts as a digital math tutor for students and parents struggling with math homework
- Photomath also provides step-by-step instructions to guide students to understand and master math concepts
- Photomath Plus, its premium version, includes features like animated tutorials and dynamic illustrations
